NuScale Power
About NuScale Power
NuScale Power develops small modular reactor technology for commercial nuclear power generation. The company's core product, the NuScale Power Module™, is a modular light water reactor that generates 77 megawatts of electricity per unit. These modules operate within VOYGR™ power plant configurations that combine 4 to 12 modules to deliver scalable output from 308 to 924 megawatts.
Founded in 2007 and based in Portland, Oregon, NuScale focuses on providing flexible nuclear energy solutions for utilities, industrial facilities and government entities. The company achieved design approval from the U.S. Nuclear Regulatory Commission in 2020, becoming the first small modular reactor to reach this regulatory milestone.
The modular design allows for phased deployment and scalability that traditional large reactors cannot match. NuScale targets markets seeking reliable baseload power with lower upfront capital requirements than conventional nuclear plants. The technology serves applications ranging from grid electricity supply to industrial process heat and remote power generation.
NuScale Wants To Produce Clean Water With Small Modular Reactors
NuScale Power (NYSE: SMR) has officially announced new research programs that are aiming to use their small modular reactors to produce clean water.
NuScale Power Wins Approval For New Small Modular Reactors
Nuscale Power (NYSE: SMR) has been granted new regulatory approval for the design of their new, larger small modular reactors.
NuScale Power Pulls In Hundreds Of Millions For Small Modular Reactors
NuScale Power (NYSE: SMR) has landed $227.7 million in new capital through recent warrant redemptions and exercises to advance their small modular reactors.
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More Companies →Why NuScale Power Matters
Small modular reactors represent an emerging segment within the nuclear energy industry, offering factory-built units with reduced construction timelines and capital costs compared to traditional large-scale reactors. The SMR sector addresses growing demand for carbon-free baseload power while providing deployment flexibility that conventional nuclear technology lacks. Companies in this space compete to secure regulatory approvals and commercial contracts as utilities seek alternatives to fossil fuel generation. For broader context on the sector, explore companies advancing nuclear energy technology.
